priceline.com Inc. Reaches New 12-Month High at $1,199.96 (PCLN)
priceline.com (NASDAQ:PCLN)’s share price reached a new 52-week high during mid-day trading on Tuesday, Analyst Ratings News reports. The stock traded as high as $1,199.96 and last traded at $1,198.86, with a volume of 536,226 shares traded. The stock had previously closed at $1,178.04.
PCLN has been the subject of a number of recent research reports. Analysts at Ned Davis Research downgraded shares of priceline.com from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday. Separately, analysts at Evercore Partners raised their price target on shares of priceline.com from $1,250.00 to $1,350.00 in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. Finally, analysts at UBS AG raised their price target on shares of priceline.com from $1,220.00 to $1,300.00 in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $1,164.90.
priceline.com has a one year low of $665.05 and a one year high of $1198.75. The stock’s 50-day moving average is $1170. and its 200-day moving average is $1036.. The company has a market cap of $62.018 billion and a price-to-earnings ratio of 33.99.
priceline.com (NASDAQ:PCLN) last issued its quarterly earnings data on Thursday, November 7th. The company reported $17.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $16.21 by $1.09. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.21 billion. During the same quarter last year, the company posted $12.40 earnings per share. priceline.com’s revenue was up 33.1% compared to the same quarter last year. Analysts expect that priceline.com will post $41.10 EPS for the current fiscal year.
Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.
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